Eastern Bankshares Announces Quarterly Dividend of $0.15 Per Share
Eastern Bankshares, Inc. (EBC) has declared a quarterly cash dividend of $0.15 per share. The dividend carries a forward yield of approximately 2.64%. Shareholders of record as of December 7 will be eligible to receive the payment on December 21. In recent financial outlooks, the company noted that it expects approximately $1 billion in fixed-rate assets to reprice during the fourth quarter. Additionally, Eastern Bankshares is projecting a tax rate of 22% for its upcoming reporting periods.
Tickers: $EBC